Coya Beaston

(615) 969-3457
Dan Frey Home Loans
Call Coya

Comparison

Side-by-side payments and cash to close

Lowest monthly: Assumable Loan

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · FHA
Assumable Loan + Second
Assumable · FHA
Current Market Conventional
New · Conventional
Loan amount$97,350$97,350$431,910
Remaining term (yrs)13.613.630.0
Secondary amount$0$334,560$0
Funding fee$0$0$0
Note rate5.210%5.210%7.240%
Blended rate6.060%7.369%7.480%
1st payment$827.58$827.58$2,943.46
2nd payment$0.00$2,160.70$0.00
Taxes / mo$219.92$219.92$219.92
Insurance / mo$166.67$166.67$166.67
MI / mo$106.63$106.63$86.38
HOA / mo$30.00$30.00$30.00
Total monthly$1,350.80$3,511.49$3,446.42
Cash to close$382,550$47,990$47,990